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<br />Loan No. 003 - 003 - 2767171 -0001 DB SUBORDINATION AGREEMENT ALBUQ
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<br />NOTICE: THIS SUBORDINATION AGREEMENT RESULTS IN YOUR SECURITY INTEREST IN THE
<br />PROPERTY BECOMING SUBJECT TO AND OF LOWER PRIORITY THAN THE LIEN OF SOME c\
<br />OTHER OR LATER SECURITY INSTRUMENT.
<br />This Subordination Agreement, made this March 19, 2003 by WELLS FARGO BANK NEBRASKA,
<br />N.A. (hereinafter referred to as "Beneficiary'), present owner and holder of the Deed of Trust and note
<br />first hereafter described, in favor of HOME FEDERAL SAVINGS AND LOAN ASSOCIATION OF GRAND
<br />ISLAND, it's successors and /or assigns (hereinafter referred to as "Lender ");
<br />WITNESSETH
<br />THAT WHEREAS, Kim Jay Fjeldheim And Wendy Corrine Fjeldheim, Husband And Wife As Joint
<br />Tenants (hereinafter referred to as "Owner') did execute a Deed of Trust, dated May 28, 2002 to Wells
<br />Fargo Bank Nebraska, N. A., as Trustee, covering that certain real property described as follows:
<br />THE LEGAL DESCRIPTION IS ATTACHED HERETO AND MADE A PART HEREOF
<br />X�X
<br />Lot 28, Amick Acres Fast Subdivision, Fall County, Nebraska.
<br />To secure a note in the sum of $40,000.00, dated May 28, 2002, in favor of Wells Fargo Bank Nebraska,
<br />N. A., which Deed of Trust was recorded June 28, 2002, as INSTRUMENT NO. 200206874, Official
<br />Records of Hall county. Through subsequent agreements with the Owner, either recorded or
<br />unrecorded, the current borrowing limit for said note has been amended to $40,000.00, and
<br />WHEREAS, Owner has executed, or is about to execute, a Deed of Trust or Mortgage (hereinafter
<br />�arc-h tcyy "Le1r r3s Security Instrument ") and note not to exceed the sum of $144,500.00, dated
<br />in favor of Lender, payable with interest and upon the terms and conditions
<br />described therein lich Le *r's Secu{ity�K!rum2r�t�s Wt gx2e orded concurrently herewith; and
<br />ecor a as ocumen
<br />WHEREAS, It is a condition precedent to obtaining said loan that said Lender's Security Instrument
<br />last above mentioned shall unconditionally be and remain at all times a lien or charge upon the land
<br />hereinbefore described, prior and superior to the lien or charge of the Deed of Trust first mentioned,
<br />Owner has requested Beneficiary to subordinate Beneficiary's lien to the lien about to be taken by the
<br />Lender; and
<br />WHEREAS, Lender is willing to make said loan provided the Lender's Security Instrument securing
<br />the same is a lien or charge upon the above described property prior and superior to the lien or charge of
<br />the Deed of Trust first above mentioned and provided that Beneficiary will specifically and unconditionally
<br />subordinate the lien or charge of the Deed of Trust first above mentioned to the lien or charge of the
<br />Lender's Security Instrument in favor of the Lender; and
<br />Page 1 of 3
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<br />WHEN RECORDED MAIL TO
<br />Wells Fargo Bank, N. A.
<br />Attn: Subordination Department
<br />MAC: P6051 -013
<br />18700 NW Walker Rd #92
<br />Beaverton, OR 97006 -2950
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<br />200403648
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<br />Loan No. 003 - 003 - 2767171 -0001 DB SUBORDINATION AGREEMENT ALBUQ
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<br />NOTICE: THIS SUBORDINATION AGREEMENT RESULTS IN YOUR SECURITY INTEREST IN THE
<br />PROPERTY BECOMING SUBJECT TO AND OF LOWER PRIORITY THAN THE LIEN OF SOME c\
<br />OTHER OR LATER SECURITY INSTRUMENT.
<br />This Subordination Agreement, made this March 19, 2003 by WELLS FARGO BANK NEBRASKA,
<br />N.A. (hereinafter referred to as "Beneficiary'), present owner and holder of the Deed of Trust and note
<br />first hereafter described, in favor of HOME FEDERAL SAVINGS AND LOAN ASSOCIATION OF GRAND
<br />ISLAND, it's successors and /or assigns (hereinafter referred to as "Lender ");
<br />WITNESSETH
<br />THAT WHEREAS, Kim Jay Fjeldheim And Wendy Corrine Fjeldheim, Husband And Wife As Joint
<br />Tenants (hereinafter referred to as "Owner') did execute a Deed of Trust, dated May 28, 2002 to Wells
<br />Fargo Bank Nebraska, N. A., as Trustee, covering that certain real property described as follows:
<br />THE LEGAL DESCRIPTION IS ATTACHED HERETO AND MADE A PART HEREOF
<br />X�X
<br />Lot 28, Amick Acres Fast Subdivision, Fall County, Nebraska.
<br />To secure a note in the sum of $40,000.00, dated May 28, 2002, in favor of Wells Fargo Bank Nebraska,
<br />N. A., which Deed of Trust was recorded June 28, 2002, as INSTRUMENT NO. 200206874, Official
<br />Records of Hall county. Through subsequent agreements with the Owner, either recorded or
<br />unrecorded, the current borrowing limit for said note has been amended to $40,000.00, and
<br />WHEREAS, Owner has executed, or is about to execute, a Deed of Trust or Mortgage (hereinafter
<br />�arc-h tcyy "Le1r r3s Security Instrument ") and note not to exceed the sum of $144,500.00, dated
<br />in favor of Lender, payable with interest and upon the terms and conditions
<br />described therein lich Le *r's Secu{ity�K!rum2r�t�s Wt gx2e orded concurrently herewith; and
<br />ecor a as ocumen
<br />WHEREAS, It is a condition precedent to obtaining said loan that said Lender's Security Instrument
<br />last above mentioned shall unconditionally be and remain at all times a lien or charge upon the land
<br />hereinbefore described, prior and superior to the lien or charge of the Deed of Trust first mentioned,
<br />Owner has requested Beneficiary to subordinate Beneficiary's lien to the lien about to be taken by the
<br />Lender; and
<br />WHEREAS, Lender is willing to make said loan provided the Lender's Security Instrument securing
<br />the same is a lien or charge upon the above described property prior and superior to the lien or charge of
<br />the Deed of Trust first above mentioned and provided that Beneficiary will specifically and unconditionally
<br />subordinate the lien or charge of the Deed of Trust first above mentioned to the lien or charge of the
<br />Lender's Security Instrument in favor of the Lender; and
<br />Page 1 of 3
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